KPMG’s General Ledger Investigator (GL Investigator) allows businesses to gain quantitative insights and visibility over the data captured within the business sub-system and general ledger (GL).
Traditionally many organisations devote valuable resources to manually checking transactional data that forms the basis of their tax compliance work papers. Tax personnel use varying methods to perform such reviews. Typically this line item analysis involves the use of heavily customised and complex excel documents, random sampling, and applying high materiality thresholds. Given the volume of work required to prepare and validate tax returns, the ability to review and gain comfort over the veracity and integrity of the underlying transactional data is often limited by time and resource capacity constraints.